Terms of Reference - Audit Committee
(WorldNews Asia)

CMON LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1792) Terms of Reference - Audit Committee Constitution 1. The board of directors of CMON Limited (the ``Company``) (the ``Board``) has resolved the establishment of the audit committee (the ``Audit Committee``). Membership The Audit Committee shall consist of at least three members, and be appointed by the Board from amongst the non-executive directors of the Company. The majority of the members must be independent non-executive directors and at least one of whom shall have the appropriate professional qualifications or accounting or related financial management expertise as required under the Rules...